Dynamic pricing in power system

Dynamic pricing, or time-based pricing, allows utilities to charge customers more or less based on the fluctuating amount of demand in the system, altering consumers’ energy usage and, ideally, shaving peak demand. [pdf]
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Dynamic programming in power system

A dynamic programming approach is used to find optimal power system operational strategies. The model finds near-optimal solutions that can be useful for TSOs. Time-domain simulations gives a more realistic estimate of operational costs. [pdf]
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How do hurriances impact energy storage pricing

On the supply side, the amount of natural gas in production and the levels in storage are key factors, whereas on the demand side, weather becomes a determining factor. If demand is high from an unseasonably hot summer or cold winter, natural gas storage declines, forcing prices to rise along with production. [pdf]
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An energy storage system based on a flywheel

In the 1950s, flywheel-powered buses, known as , were used in () and () and there is ongoing research to make flywheel systems that are smaller, lighter, cheaper and have a greater capacity. It is hoped that flywheel systems can replace conventional chemical batteries for mobile applications, such as for electric vehicles. Proposed flywh. [pdf]

Power system based on society

The earlier section discussed the major theories related to power. But power can also be observed at the micro-level in day-to-day social interactions among. This article discusses the three different sociological theories of power, followed by the importance of power in everyday life. It concludes with a section on the various political, cultural and economic uses of power. This model is based on the functionalist approach of sociology. [pdf]
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